EU to investigate container rates – expects results by New Year's
In the wake of towering freight rates and massive delays, the European Commission has commenced an investigation of liner companies’ special exemption from the union’s competition rules. Industry players will have the opportunity to submit documents ”relevant to the evaluation,” spokesperson says.
by peter thomsen, watch media’s eu correspondent, translated by Jonas Sahl Hollænder
BRUSSELS – After years of seeing freight rates skyrocket and fewer deliveries arriving on time, the European Union’s central competition watchdog, the European Commission, now begins investigating the conditions for liner shipping companies on the market, according to a Commission spokesperson.
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